The global medicated feed additives market is estimated to be valued at USD 11.16 Billion in 2016 and projected to reach USD 15.32 Billion by 2022, at a CAGR of 5.41% from 2016 to 2022
Seattle, WA -- (SBWIRE) -- 02/28/2017 -- The report "Medicated Feed Additives Market by Type (Antioxidants, Antibiotics, Probiotics & Prebiotics, Enzymes, Amino Acids), Livestock (Ruminants, Poultry, Swine, Aquaculture), Mixture Type, Category, and Region - Global Forecast to 2022", The global medicated feed additives market is projected to grow at a CAGR of 5.41% from 2016 and reach USD 15.32 Billion by 2022.
Browse 68 market data tables and 51 figures spread through 142 pages and in-depth TOC on "Medicated Feed Additives Market - Global Forecast to 2022"
Download PDF Brochure
Early buyers will receive 10% customization on reports.
The market is driven by factors such as the growing consumption of meat and dairy products, shift of the livestock industry from an unorganized sector to an organized one and growing concerns about the health of livestock and industrialization of animal processed products. Moreover, the growing global population drives the meat consumption growth over the forecast period in developing countries thereby driving the growth of the medicated feed additives market. As a result, many multinational players have entered into the production of various products of medicated feed additives that protects the health of the animal and provides nutritional ingredients.
Make an Inquiry
Significant growth expected in the enzymes segment
The demand for feed enzymes is increasing as they are used for the development of the immune system and bones of animals. Enzymes increase the digestibility of nutrients in the feed, which leads to an increase in the efficient production of various animal products such as meat, milk, and eggs.
Concentrates is projected to be the fastest growing segment in the medicated feed additives market, by mixture type
Medicated feed concentrates are substances mixed with other feed materials to form either a supplement or a complete feed. Concentrates are less bulky and have higher digestibility. The concentrates segment is hence projected to be the fastest growing segment in the medicated feed additives market, by mixture type.
The growing awareness about meat & dairy products and concerns related to livestock health and industrialization of animal processed products are the major drivers of the medicated feed additives market.
Continuous rise in population and support from governments as well as national and international associations key to success in the Asia-Pacific region
High growth was observed in the Asia-Pacific region for the medicated feed additives market over the past few years. The main reasons for this are the continuous increase in the population, rise in epidemic outbreaks in livestock, progressive urbanization in the region, and an increase in demand for quality meat products. China and India constituted the largest country-level markets in the Asia-Pacific region in 2015.
This report includes a study of marketing and development strategies, along with the product portfolio of leading companies. These companies include Archer Daniels Midland Company (U.S.), Cargill (U.S.), CHS Inc. (U.S.), Zoetis Inc. (U.S.), and Purina Animal Nutrition (Land O' Lakes) (U.S.); these are well-established and financially stable players that have been operating in the industry for several years. Other players include Adisseo France SAS (France), Alltech Inc. (Ridley) (U.S.), Zagro (Singapore), Hipro Animal Nutrition (Turkey), and Biostadt India Ltd. (India).
MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
701 Pike Street
Suite 2175, Seattle,
WA 98101, United States